Productive LANCASHIRE Transformative Innovative Attractive Proactive Collaborative Competitive Active Creative Expansive
FIND OUT MORE ABOUT LANCASHIRE
Email: Martine.Winder@lancashirelep.co.uk
Economic Powerhouse International Trade Hub
PRODUCTIVE £37.6bn economy 1.5 m residents + 6m more within an hour’s commute 54,000 businesses supporting 700,000 jobs £8bn of exports every year 52% of goods exported outside of EU 14% of exports within service sector (vs 11% northern average) A £9bn FDI economy + highest number of FDI jobs per project in the north
An
LANCASHIRE:
UK’s largest aerospace employer (13,000 workers/5,000 businesses)
2nd highest concentration of manufacturing activity in the country
LANCASHIRE: PRODUCTIVE
1 in 10 of the UK’s nuclear processing workers based here
More chemical professionals than UK average
Home to half of the UK’s utilities construction workforce
High Growth Rate of start-ups and business survival rates Start up cluster in East Lancashire LANCASHIRE: PRODUCTIVE Above Average 90% Start up survival rates Entrepreneurial environment
LANCASHIRE: PRODUCTIVE
STEM professionals 30,000 digital
technology workers 37,000 energy
power specialists 80,000 employed
manufacturing 30%+
employees
40,000
and
and
in
of all
degree educated
Future-ready education
37% Grade A+ computer studies A Level students (vs 35% nationally)
76% Grade A+ further maths A Level students (vs 68% nationally)
LANCASHIRE: PRODUCTIVELANCASHIRE: PRODUCTIVE
Highest ranked region in UK for engineeringrelated GCSEs (54% Grade 8+ vs 14% nationally)
Lancashire apprentice achievement rates above UK average
LANCASHIRE: PRODUCTIVE
Strong Talent Pipeline
60,000+ students across 4x universities 95,000 young and adult earners across 13x FE colleges 1,000 computing, technology and engineering graduates each year One of the largest pools of STEM graduates in the UK 10,000 apprentices /workbased learners
LANCASHIRE: TRANSFORMATIVE
Regeneration
Massive transport and infrastructure investment projects – rail, road, air and sea
Major urban regeneration schemes (including Blackpool, Preston, Burnley, Lancaster, Skelmersdale, Morecambe and more)
Levelling Up funding secured across the region
Business Infrastructure
£136m for training facilities + vocational skills programmes
Major R&D facilities to boost innovation and productivityAMRC North West, Lancaster Health Innovation Campus, RedCAT and more £750m of funding currently committed to 60+ live projects across county
Targeted future-ready support for across priority sectors
Investments made into super-fast braodband network
Billions
of pounds invested over the last ten years to drive economic growth and increase prosperity across Lancashire
Government investment to create UK’s biggest cyber hub Will create thousands of new jobs directly, and thousands more across the supply chain
LANCASHIRE: TRANSFORMATIVE
At the heart of the UK's Cyber Ecosystem
Proposed North West Cyber Corridor - linking the National Cyber Force (NCF) to Lancaster University (a triple accredited cyber university), UCLan and GCHQ in Manchester Putting Lancashire at the forefront of the UK's cyber ambitions
LANCASHIRE: TRANSFORMATIVE
Playing a Central Role in Low Carbon Energy, Nuclear and Cleantech
· Specialisms in small modular reactors 30% of the UK’s low carbon electricity generated here
37,000 power and energy professionals + 5x more nuclear specialists than the UK average
Springfields Clean Energy Technology Park is one of the UK’s most advanced centres of nuclear and future fuel R&D
Projected to have the UK’s highest green energy and low carbon jobs per head by 2050
Lancashire is set to benefit massively from global growth within the future flight, mobility and space industry
Sector strengths in manufacturing, automotive, electech, energy and low carbon, and assets like the AMRC NW will further benefit the wider future mobility and decarbonised transport sectors
Future Flight, Future Mobility and Space
LANCASHIRE: TRANSFORMATIVE
World-leading aerospace industry, anchored by BAE Systems, supporting 500 businesses across the supply chain
Superbly placed to support the UK’s fast-growing civil satellite and UAV market with two operational commercial airstrips + new drone research facilities
LANCASHIRE: TRANSFORMATIVE
Eden Morecambe
Awarded £50m in the second round of the UK Government’s Levelling Up Fund.
Will create a centre of excellence for environmental research and education in partnership with Lancaster University
Major regeneration driver for Morecambe and Lancashire’s Fylde Coast
Will bring significant economic, cultural and social benefits to the whole of the North West, and beyond
Will create hundreds of jobs and create new opportunities throughout its supply chain
A hotspot for innovation and tech convergence
LANCASHIRE: INNOVATIVE
In the last five years:
Sector strenghts
Fast-moving
Aerospace, advanced manufacturing, energy, chemicals, telecoms, agritech
Innovative fastgrowth and emerging clusters Electech, cyber, medtech, energy and low carbon, digital
Lancashire’s technology market projected to outstrip overall local economic growth x3 by 2028
Let's write your title here
28% growth in digital and technology sector, with the aim to be the fastest growing digital economy by 2035 20% growth in computing sector 30% growth in wireless and private networks sector
LANCASHIRE: INNOVATIVE
84,000 engineering, aerospace and advanced manufacturing workers
innovative
30,000 digital + technology workforce 15,000 software specialists 5,300 telecoms experts 37,000 power generation and energy professionals
Home of a highly skilled, adaptable and
workforce
60,000 new low carbon jobs projected by 2050
LANCASHIRE: INNOVATIVE
Home of innovative and creative businesses
Highest proportion of SMEs participating in the Made Smarter Industry 4.0 accelerator
4,000 technology and digital businesses
Private-sector led clusters emerging –electech, cyber, energy and low carbon, digital
£100m recently invested in new, hitech collab hubs across county
One of the highest rates of business innovation activity in UK (+45%)
Robust and deliverable economic strategies being rolled-out Clear political vision for the future –Lancashire 2050 New quality of life and inward investment campaign – Make Our Lancashire Yours
PROACTIVE Benefiting from a decade of strategic, targeted and enabling investments
LANCASHIRE:
LANCASHIRE: COLLABORATIVE
Strong private and public partnerships. The LEP, local authorities, universities, public agencies, employers, and Government working together
Outstanding track-record of major investment programmes delivered through multi-partner working
A region built on partnerships, collaboration and shared values
Future economic and sector strategies informed by industry and key stakeholders
Lancashire 2050 – unifying, county-wide initiative backed by all 15 Lancashire local authorities
LANCASHIRE: COLLABORATIVE
Every Lancashire school and college matched with a voluntary local business leader who offers careers advice to young people
A proud tradition of businesses giving something back
LEP Sector Groups –over 120 senior professionals give up personal time to help tackle sectorspecific challenges and shape sector strategy
have committed to the
which aims at boosting work opportunities for
adults
Hundreds of Lancashire employers
county’s Skills Pledge
young people and
A fantastic place to learn and grow
LANCASHIRE: COMPETITIVE
More OFSTED
Outstanding and Good ratio of schools than Manchester or Liverpool
Above average A Level performance in further maths and computing
Majority of Lancashire’s FE colleges ranked as being in UK’s top 20%
Home to some of the world’s highest ranked universities (with Lancaster in top 1% globally)
New Lancashire Institute of Technology to open in
2023
LANCASHIRE:
One of the UK’s most affordable places to live, work and study Lancastrians are typically 30% better off than the average UK citizen Huge choice of high quality and cost-effective locations - rural, coastal and urban Variety of affordable housing stock – cottages to castles, apartments to executive homes, Victorian terraces to new builds Lancashire towns and districts regularly voted as best and happiest places to live and work.
COMPETITIVE Enjoy an outstanding quality of life for less
COMPETITIVE An affordable and accessible business location Cost-effective salary levels Available and low cost- property –commercial, industrial, residential Some of the UK’s most cost-effective development land Home to four Enterprise Zone sites
LANCASHIRE:
LANCASHIRE: COMPETITIVE
Fantastic physical connectivity - regionally, nationally + internationally
At the heart of the north –bordering Cumbria, Yorkshire, Greater Manchester and Merseyside Dunsop Bridge, Ribble Valley is the centre of the UK
Preston-London Euston: 2hrs 15 by train
Preston-Manchester: 36 minutes by train
Preston-Glasgow 2hrs 25 by train
Within one hour of Manchester and Liverpool airports Networked by major motorways
Connected by sea via Heysham Port and access to to Liverpool Superport
Majority of Lancashire has 80% ultrafast broadband (above UK average) Access to North Atlantic Loop: high-capacity subsea connection which can carry 30% of world’s internet traffic Network of next generation, low-carbon data centres planned on Fylde Coast Home to the world’s fastest rural broadband provider – B4RN
COMPETITIVE Fantastic digital connectivity - regionally, nationally + internationally
LANCASHIRE:
Stunning Landscapes
Hundreds of miles of tranquil countryside, deserted beaches and rugged landscapes
1
Well placed
An amazing place to explore and enjoy Gateway to the Lake District, the Yorkshire Dales, and beyond
LANCASHIRE: EXPANSIVE
Green spaces Over 4,564 of some of the most exciting and beautiful parks and gardens in Britain today
Areas of outstanding beauty
The largely `undiscovered` Forest of Bowland covers 802 square km – making it bigger than New York City
LANCASHIRE: ATTRACTIVE
103 museums and art galleries to choose from A number of festivals taking place throughout the year - folk, blues, rock, LGBTQ+ PRIDE Michelin-starred fine dining, traditional pubs, street food, farmers markets and much more Preston awarded prestigious 'Purple Flag' status making it one of the safest, and inclusive place for a night out
Bustling towns with great retail, leisure and activity options
LANCASHIRE: ACTIVE
There are over 340 km of traffic free cycle routes in Lancashire plus 99 climbing routes 80% of Lancashire is rural with over 80 walking routes
Extensive activity and outdoor centres
FIND OUT MORE ABOUT LANCASHIRE
Email: Martine.Winder@lancashirelep.co.uk
